RE: Dividends9 Aug 2018 18:07
This was mentioned at the AGM, for one, they have a number of government contracts and they are notoriously slow at paying. They said the cash cushion is needed to pay contractors monthly when the company may be paid at longer periods, but saying that the chairman said he is in favour of future dividends at both AGMs - now that the company is doing well. I think the dividend will be double next year add that to the potential sp growth from a great pe ratio it’s a good safe bet for long and short term investment.
I am still buying when I can, still time to get in before divi cut off as well.